Warsh at Jackson Hole: ‘We have work to do’ on inflaiton
The Fed chair delivered highly anticipated remarks at the Kansas City Fed’s annual symposium on Friday morning....
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US Chicago PMI crashes to 47.1, missing forecast by over 10 points
The unexpected PMI drop signals potential economic instability, challenging growth forecasts and complicating Federal Reserve policy decisions. The post US Chicago PMI crashes to 47.1, missing forecast by over 10 points appeared first on Crypto Briefing....
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Chevron and US firms near deal to invest billions in Venezuelan oil fields
Increased US investment in Venezuelan oil could reshape global energy markets, boosting US refinery operations and altering geopolitical dynamics. The post Chevron and US firms near deal to invest billions in Venezuelan oil fields appeared first on Crypto Briefing....
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Cognition raises capital at $46B valuation, nearly doubling in three months
Cognition’s rapid valuation growth highlights the escalating demand and investment in AI-driven automation, reshaping tech industry dynamics. The post Cognition raises capital at $46B valuation, nearly doubling in three months appeared first on Crypto Briefing....
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Anthropic wins lawsuit against Trump administration over national security designation
The ruling safeguards AI firms’ rights to set ethical guidelines, limiting government overreach in national security designations. The post Anthropic wins lawsuit against Trump administration over national security designation appeared first on Crypto Briefing....
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Zcash price targets $840 as bullish trend holds
Zcash price recovered from a midweek drop and moved back above $800 as buyers defended the broader uptrend, but overbought momentum, weak capital flows, and a long-term bearish divergence raise the risk of another correction. Zcash price recovers above $800…...
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Bureau of Labor Statistics revises payrolls higher for first time since 2022
The upward payroll revision suggests a stronger labor market than previously thought, potentially impacting future monetary policy decisions. The post Bureau of Labor Statistics revises payrolls higher for first time since 2022 appeared first on Crypto Briefing....
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Helius CEO accuses Kraken of mathematical illiteracy over SOL governance vote
The Solana governance vote marks a pivotal shift towards more structured decision-making, potentially impacting SOL’s market dynamics and stakeholder engagement. The post Helius CEO accuses Kraken of mathematical illiteracy over SOL governance vote appeared first on Crypto Briefing....
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Gulf oil tanker earnings near $650,000 a day as Iran war reshapes global shipping
The surge in tanker earnings due to geopolitical tensions and market consolidation could lead to increased global oil prices and economic instability. The post Gulf oil tanker earnings near $650,000 a day as Iran war reshapes global shipping appeared first on Crypto Briefing....
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China’s biggest state-owned lenders report higher first-half profits
China’s state banks’ profit growth signals potential stabilization, yet challenges persist with soft credit demand and property market issues. The post China’s biggest state-owned lenders report higher first-half profits appeared first on Crypto Briefing....
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